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today in what could be the last chance to come talk before the u.s. falls off the fiscal cliff next week. >>> investors are bracing for the final eurozone bond sale of the year. italy will sell up to 6 billion later today. >> and the yen has been sent lower and stocks to their highest level in 21 months. >>> this is the final "worldwide exchange" from london of the year. louisa is here for it. >> i can't believe it. it's my last working day of the year, as well. >> is it? >> yes. >> unfortunately we'll still be talking about the same thing we're talking about now. >> although i feel we'll be talking more debt ceiling, as well. >> and speaking of which, president obama is trying a last ditch effort to restart budget talks days before the u.s. goes over the fiscal cliff. speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell s
a lot of what we read their is a discussion between u.s. regulators, foreign regulators and often concern on the harmonization between the two, and both the pro methodology use of language because many of us are starting to see a more complex world coming in where others multiple product wrapped in their and if there's a currency okay that might be exempt. there might be a package that actually has from both of you that sort of harmonization really does become important. is there a difference between the way your regulatory bodies are approaching these? >> we have worked together and harmonize on the definitions that you just mentioned about the swaps and mixed swaps and security based swaps so i think the public has a great deal of guidance and the rules but to the extent they need to come back on the package we would address it together. >> mr. cook do you have any incumbent new york city in different approaches is that cultural between the two regulatory bodies? >> i can't speak to the cftc statute but one of the reasons it drove us to the rulemaking in the context is that we l
declining 12.3%. liz: because of the chicago mercantile exchange. a buying opportunity. and michael tells us why he expects double-digit earnings growth in the new year in what that'll do for equities. jerry leavy at the cme. another was some erosion of the last couple of minutes, the last hour or two. headlines from president obama, john boehner. is this market a little overbought going at the end of the year? >> for my technical perspective, you're absolutely right. they have eclipsed the upper end, and overbought situation. from my perspective and my colleagues, we are shocked trying to figure out the market moving higher. a lot of it is trying to figure out, we know a deal will get done, the real question is what are the ramifications of the deal and how will that affect earnings. as a guy who follows earnings very closely, we see that the drop year-over-year. it was from government. a noted state tax receipts are down adjusted for inflation 1% from 2,082,012. earnings are down on the top line, where does the bigger earnings growth come from? david: we have manufacturing coming in saying
, tell us how they did. nicole: the one i would talk about that really represents what went on with the financials is bank of america. bank of america hit a 52 week high, sold off, was like a number one loser in if the dow, number two loser in the dow and then moved back and came up off the lows. so it shows you the financials really drive the market one way or another. you really get a good feel. david: bank of america is up over 100% this year even with today's loss. it has incredible turnaround. [closing bell ringing] shibani: the bells are ringing on wall street. it was a roller coaster ride of a day. let's take a look at how stocks are finishing up. it's well on the fence here as to where we're going to close. the dow is lower right now. down about 20 points. the s&p 500 down just about 2 points. nasdaq also eking out a loss, 4.2 points and then the russell also ending the day in the red. david: it was just positive, the dow just moments ago, but it is the turnaround, 150 points since the story. also a trading day for oil, big rally in yesterday's session where it went
is the negotiators are probably going to use a baseline that is different from the congressional budget office and senator warner talks about getting savings from the tax rates going up on what the americans. as i understand, it is already built into the cbo baseline. so, in terms of getting to that four to 6 trillion-dollar how much are we talking a lot in terms of real savings and in terms of tax increases, and how much are we talking about in terms of coming you know, just a redefined baseline? and then in the other question is can you give us an idea in terms of framework we are likely to see at the end of the year are we just going to see a bunch of top line number $800 billion with some sort of trigger or are we going to see the details, and if we see a bunch of top line numbers, how long does it take to get to feeling that an and drafting the legislation to get it through the congress? >> i would like to answer the second question. >> there is an old adage that says you don't learn a lot on the second kick in the shin from a mule. we've down this road of process. we have 12 fighting hig
2011, mr. broussard, u.s. oncology. large producers and providers of health care products to major health care institutions. that background, mr. brousard brings a broad perspective on health care issues facing our country. mr. broussard holds his undergraduate degree from texas a&m and an mba from the university of houston. were very much looking forward to your comments today. thanks for being here. [applause] >> thank you. well, thank you. i really appreciate the opportunity from each one of you. our nation is actually wrestling -- [inaudible] a large amount of debt the united states is facing. i will outline the challenge we face. i'll also show you some transforming health care is one of the ways we can solve that issue. i'll demonstrate how new approaches to integrating the delivery system and how it is already achieving some result outside of the federal government. the health care can harness simplicity, has sustainability, even if the health care system undergoes some significant transformations. first, but to take a moment and talk about ohio and cleveland and how they're
just how nonlife- u.s. unemployment benefits are. a lot of the against -- non- lavish u.s. unemployment benefits are. the two countries that he mentioned, the netherlands and belgium, they're doing much better than other continental european countries. the scandinavian countries have guest: there is not this simple relationship that have been extensive unemployment insurance system and you mechanically generate a higher unemployment rate. host: lisa from dallas, texas, received unemployment insurance -- nate from dallas, texas, receives unemployment insurance. caller: right now i lost my job because my boss was fired from the university. and recently got my doctoral degree from that university, and i am spending eight hours a day on the computer, trying to network. i want to buck the contention that it is a mismatch of skills between the employer and the people that are unemployed. there was a recent "wall street journal" saying that part of the problem is how employers conduct searches of candidates, and her recruiting is done. -- how recruiting is done. i think the unemployment benefi
will come here to washington and ask us to help them out from their bad decisions. i hope at that time that we can show by pointing at these states and these right ideas that we know the solutions at the state level and that we also know that we can change how we think here at the federal level and make our country work a lot better. i i leave here with a lot of respect for my colleagues. i know my democrat colleagues believe with conviction their ideas. and i know my republican colleagues do too. but i hope we can look at the facts. i hope we can look at the real world. i hope we can look at what's working and set aside the politics and realize what really makes this country great and strong is when we move dollars and decisions out of washington back to people and communities and to states, that it works. not for 2% but for 100% of americans. i feel like our customers in the senate, at the heritage foundation, or wherever we go, are 100% of americans who these ideas can work for to build a better future and a stronger america. and i'm not leaving the fight. i hope to raise my game at
a little later. there go the fireworks. yeah, it is officially new year's eve. >> 18 hours ahead of us. >> happy 2013 to those folks just a few hours away from us. good morning, everybody. i'm becky quick along with andrew ross sorkin. joe kernen is joining us from washington, d.c. this morning along with john harwood. joe, i know you have a huge lineup there. and i know you were up a little late last night, too, right? >> yes, becky, very late. you and andrew, i hope you guys are ready for the heavy lifting. can i ask you a question? are they over the cliff in new zealand, do you know? >> yeah, i guess that's it. >> the sequester would have gone into effect. >> no, that's probably only affecting us here, but that shows you how close it is. we are -- i guess something could happen at 11:00. we'll see, beck. andrew, good to see you, as well. >> good to see you. >> we've switched. i've got the jacket on, you've got the jacket off. how does that capital building look? >> it looks great behind you. you look very statesman like, absolutely. you have your rise above pin on for this final day
is for the first time really being called out as a problem. >> dysfunction in the u.s. health-care industry. dr. marty makary on what hospitals will not tell you, tonight it 10:00 -- at 10:00. >> the supreme court will look at what happened in 2008, and they will say that this precedent. and indiana had -- >> when we talk about the facts, they decided on the indiana case it was constitutional for them to establish i.d. states who have subsequently -- >> correct, they talked about indiana -- let me finish because you misrepresented what i said. the supreme court is the law of the land. >> when i hear these accusations that black people -- voter i.d. laws disproportionately affect minorities -- it seems to me somehow we have something missing in our brain. to me, if white americans can go throughto voting all the processes to follow the laws, what are you telling black people? that somehow they are not good enough? that is what bothers me about a lot of the rhetoric coming from democrats and the left, that we always have to make special -- you know, there has to be a specialness when we deal with
insurance companies that incentives to take care of us. >> host: john goodman, when it comes to preexisting conditions, does the government have the rule and saying you need to ensure preexisting conditions? >> guest: yes, but she don't want to join the premium below the cost of care because the insurance company isn't going to want you and is going to treat you poorly. so what we recommend is being able to ensure an advance against preexisting conditions so if you have to pay a higher premium on insurance that pays a higher premium. but also we need affordable insurance. we don't have it dandruff on the care. if you own your own insurance, take a job to job. >> host: the employer system, is it time to not be the system? >> guest: i believe in free markets. employers do what they need to do. but let's have a level playing field. once in every state make it illegal for the employer to buy for employees insurance they can take with them for the next job. we need to abolish laws, turn everything around and encourage affordable insurance. >> host: what is the argument in favor of having it divi
into the cooler, got all of the employees in the cooler, and it came right over us. >> it blew the roofs off of homes, and on this christmas day, not even a house of worship was safe. the front wall was torn off. >> look at that tornado. >> across much of the south, many spent christmas in the dark as twisters came through. >>> tornado winds in mississippi damaged homes, and two men were killed from falling trees. >> it's a mess. >> as a funnel cloud came from mobile joe michael love shot this video from his home. >> what was that? >> that's transformers. >> i'm at my son's high school it's pretty destroyed. all of the portable classrooms are gone. >> reporter: and no serious injuries reported here but it is daylight and crews are now back out assessing the situation. >> thank you, the rough weather is affecting travel across the country. more than 500 flights were cancels onled on christmas day. tiffany wilson is in oxford ohio. the snow started falling around 5:00 this morning, you see the blows have just gone through, we have a couple inches of snow blizzard like condit
word for it. two-thirds of the american public agrees with us but you don't need to take their word for it, either. just listen to the voices within speaker boehner's own party. there we go. a kent conrad i am not in terms of my facility with charts. it's clear that speaker boehner has needed cover from his right flank before he could agree to any deal on taxes with the president. the speaker didn't have it before, but he sure has it now. when "the wall street journal" editorial page says that decoupling would not go against conservatives' antitax principles, that gives a whole lot of cover to the speaker. when grover norquist refuses to declare whether decoupling would violate his group's pledge, that, too, gives a whole lot of cover to the speaker. and when more and more rank-and-file republicans come out publicly every day in favor of passing the senate bill, that, too, gives cover to the speaker. you really have to absolute cram tom cole. he was the first one on the other side to dare speak the truth about what should be done on taxes and he's been on tv almost every day making
-handed pitch, a college baseball player and two of her granddaughters that worked for me as a page, for us as a page, rebecca and holly. when she's not at the desk -- and she spends long hours there -- mr. president, i don't go home early. i could call, she would be there, 9:00, 10:00 at night and that is no exaggeration. but she's not at that desk, janice was usually in georgia or north carolina with her children or grandchildren. now, she has probably been really political but i think she's gotten a little more political working for me. she's made sure each of her grandchildren makes sure they understand the importance of their political voice. during the recent election she called those eligible to vote to make sure they'd voted. and i didn't press very hard but she may have urged them how they should vote. while janice's accomplishments deserve recognition, it is janice herself who will be missed so dearly. she has served not only as a deeply trusted and committed assistant to me, but as a mentor to many who have worked with her. i know i'm not the only one who will note her be absence
reached. >> i'm sure you'll continue to monitor it for us. we'll get back to you when there's something new to know. in the meantime, what are you supposed to do as an investor? we saw how the dow really swung during the president's speech. we saw the spike up and came back down and now we're seeing it through the day. why don't we bring in our cast of thousands here. ben willis, jason milly, brad fredelander, and of course rick santel santelli. ben let me get to you first of all. what do you feel this means beyond just the market moves today, the emerging deal what does it mean for the markets once we crack into the new year? >> we knew they could do it, it just took a long embarrassing cost of our reputation in the world to get it done. with that being said, i think you mentioned the capping on the tax deductions. you want to keep an eye on the high end housing and the high end buildings. if that does come to fruition. but the whole tape is moving. apple in and of itself is moving the nasdaq today. that may be a function of the idea of the continuation of the tax benefits for writeoff
've gotten us into, bring a balanced budget to the table to grow this economy for the long term not the short term. >> there you go. for the long term, not the short term. >> there you go. i'm don lemon. happy new year to you. jooirksz . >>> hello, i'm don lemon and this is cnn's top 10 of 2012. we look at the stories that captured our attention, what we see as the biggest stories of the year around the world, in crime, money, weather and even the biggestscandals and later this hour, those stories chosen by you. anchor of state of the union, candy crowley, with the top ten political stories of 2012. >>> like finding your favorite grain of sand on the beach. impossible number of possibilities. catch phrases become boomerangs. >> if you got a business you didn't build that. >> i like being aable to find service members. >> i'm an american woman who uses contraception. let's start there. >> it's like an etch-a-sketch. you shake it up and we start all over again. >> i'm not going to shut up. it's my turn. >> i think it's called romneysia. >> if i were to coin a term it would be obamaloney. >> the
tara mergener shows us, the deal they're thinking about now takes the can down the road again. >> reporter: senate republican leader mitch mcconnell left the capitol tight lipped and smiling after working behind closed doors to avoid the so- called fiscal cliff. >> need progress today, sir? >> reporter: he and harry reid are working on scaled-down agreement that focuses on avoiding a middle-class tax hike. the plan is to present it to the full senate for a vote on sunday and send it to the house and hoax john boehner was at the capitol and left with no comment. both sides remain at odds over the democrat's insistence that the wealthy pay more in taxes. >> the president's tax hook would only fund the government for eight days. americans deserve to know what is the president -- what does the president propose we do for the other 357 days of the year. >> reporter: president obama insists his plan on the table is fair and includes plenty of cuts to government spending. >> we just can't afford a politically self-inflicted wound to our economy. >> reporter: if sunday's negotiations
't happen again. >> clifton truman daniel will join us to discuss the inspiration for his trip sunday at 9:00 p.m. eastern on c-span3. >> a report by the group securing america's future energy says the greatest threat to national and economic security is dependence on foreign oil. members of the group, business political and retired military leaders are suggesting a plan of maximizing oil and gas production, reducing consumption, and improving conservation as a way to boost revenue and reduce our debt. this is a little less than an hour and a half. >> good morning, everyone. thank you all for coming. i especially want to thank the members of the leadership council that could be with us here today. they've been a distinguished group of people working on this issue since 2006. we're nothing without their credibility as the great c.e.o.'s, entrepreneurs and military leaders of our time. i also want to give a special thanks to the staff at securing america's future energy. really we stand on their shoulders, all of us, and the hard work that they -- and the time that they spent to put these re
later, we will discuss the recent increase in u.s. manufacturing. we will also take your calls, e- mails and tweets. "washington journal" is next. host: good morning, it's wednesday, december 19, 2012. the white house has thrown its support behind several gun- control measures on tuesday in the wake of the shooting rampage in newtown, connecticut. a state department inquiry into the september 11 terror attack in benghazi, libya, criticized the agency harshly for inadequate security that -- but specificrecommend signi individuals. and we begin today in on the details of john boehner's plan to avoid the fiscal cliff. we want to hear from you. how optimistic are you that a compromise can still be reached before the end of the year? give us a call -- and you can get up with us on all your social media web sites on facebook and twitter, or e- mail us. a very good morning to you. i want to take you to the lead story in today's washington post. that was today's washington post. here's the headlines from "politico" today. i want to take you to speaker john boehner's comments on the state
in the courthouse when d.n.a. started coming into be used at the courthouse. prior to that many law enforcement and prosecutors had to rely on blood samples and fingerprints, but once d.n.a. came in and we learned everybody has a unique genetic makeup and it can be connected and traced to perpetrators of crime when they commit a crime, especially in sexual assault cases. and convictions have gone up. the evidence is better. the proof beyond a reasonable doubt is much more available in d.n.a. cases. in 1985, there was a 13-year-old girl named lavenia masters. she lived in dallas, texas. she told her folks good night. she went to her bedroom which should be, mr. speaker, the safest place on earth for children -- went to sleep and during the middle of the night she was woken up by an outlaw putting a knife to her throat and he sexually assaulted her. then he snuck away in the darkness of the night. that was in 1985. she went to the hospital. her parents took care of her medical needs. d.n.a. evidence was taken from her. it was given to the law enforcement authorities, but that d.n.a. evidence from
's not on that face. >> i've been on that bus. >> they are just as good as gold. >> as all of us in this country were starting to see people coming out and talking about their experiences, this phenomenon, that so many of us had experienced in one way or another, and had no words for. other than adolescence, other than growing up. we finally -- people were starting to stand back and say, hold on. this isn't actually a normal part of growing up. this isn't a normal rite of passage. i think there was a moment where there was a possibility for change. and director lee hirsch and i decided to start the film out of that feeling that voices were kind of bubbling up. coming up to the surface to say this isn't something that we can accept anymore. a normal part of our culture. >> film maker cynthia loewen has followed up her award winning film by gathering essays and personal stories in "bully." hear more tonight at 10:00 on "after words" on c-span2 and more book tv online, and like us on facebook. next chiefs of staff to the governors of virginia, colorado, and oklahoma talk about the fiscal issues of their
impression on a great many people around the world, and especially on the 100 of us who serve here. he commanded our respect in a remarkable way. part of it was because of his service in the war. he and bob dole, our former colleague, literally were wounded at about the same time in europe and were in the same hospital recovering from tremendously serious wounds. senator inouye, of course, later was awarded the congressional medal of honor for that. senator pryor was telling the story that when senator inouye was finally elected to congress he wrote senator dole a note and said, "i'm here. where are you?" because both of them, when they were recovering from their war wounds, had determined that one day they wanted to serve in the united states congress. inouye got here first. a few years ago senator inouye and senator ted stevens invited a number of us to go with them to china. it was quite an experience. senator stevens -- of course, another world war ii veteran -- had flown the first cargo play plane into what was then peking in 1974. and senator inouye was well-regarded in china for
and be willing to negotiate on spending. >> i see the future. the president lets us go over and then proposes a tax cut for the lower 98%. >> could you vote against it? >> he could do that for the two -- the two top rates is $400 billion. but he's got to do something on spending to address the problem. >> thank you, senator, for your time. right now it's time for "squawk on the street." >>> good monday morning. welcome to "squawk on the street." we're here at the new york stock exchange. let's get a check on how we're setting up for the first trading session of the week. we certainly have a lot to chew on over the weekend with the sunday talk shows, focusing on the fiscal cliff. it looks like we're looking at a lower open for the dow. as for the action in europe, really, the action focuses on italy where there's an impending political regime change. more on that in just a moment. the road map starts at the golden arches. mcdonald's blowing out expectations for november sales after the dismal drop in the month of october. hoping to fuel the rise, the bacon/onion/cheddar sandwich. >> there's on
on specific spending cuts. joining us now for analysis, tony fratto, of hamilton place strategies and former white house press secretary and gerald bernstein former economic adviser to vice president joe biden. gentlemen, thank you for being here with us and getting this special day of coverage kicked off for us. >> rising early and rising above. >> exactly. let's talk about this. jared, it seems like things have gotten quieter. do you think that's the case? is that a good sign? >> i think it's probably a pretty good sign. if you look at this morning's papers, you see a number of articles suggesting that there's a bit more compromise in the air. my concern is that tomorrow's papers may say the opposite. so interestingly, there's been some pretty leak free discussions going on, which i actually think is a good thing. they're obviously big, outstanding questions. you mentioned the tax rate issue. one question i keep coming up against is the president and john boehner are now supposedly having good, substantive discussions. can boehner bring the troops along? if he agrees with the president, ca
of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker pro tempore: the yeas are 229. the nays are 182. 2/3 not being in the affirmative, the rules are not suspended and the bill is not passed. the speaker pro tempore: the chair lays before the house the following personal requests. the clerk: leaves of absence for mr. griffin of arkansas for the week of december 11 and mr. reyes of texas for today and for the balance of the week. the speaker pro tempore: without objection. the requests are granted. the speaker pro tempore: the house will be in order. the speaker pro tempore: members and staff, please remove your conversations from the floor. the speaker pro tempore: the house will be in order. the chair will entertain requests for one-minute speeches. for what purpose does the gentleman from massachusetts rise? >> address the house for one minute. the speaker pro tempore: the gentleman is recognized. >> mr. speaker, earlier this year -- mr. frank: i was c
with us. >> thank you for having me. >> that does it for us today. join us tomorrow. right now it's time for "squawk on the street." >> good tuesday morning. i'm carl with melissa lee, david faber, live from the new york stock exchange. jim cramer is on assignment today. well, are we getting close to a fiscal cliff deal or not. futures are up and the dow gained 100 yesterday. but there is room for skepticism. europe's grappling with the same question helped by some decent uk inflation data today. and a t-bill auction in spain. our road map begins with what appear to be significant progress in the debt negotiations overnight. a whose proposal looking to raise rates for those making more than $400,000 a year. but senator corker on squawk just poured a bucket of ice water on those hopes. >> whitney boosts her recommendations on citi, bank of america and discover financial. is that move by one of the more famous financial bears, a sign of a new era for banks? >> walmart is once again the target of a "new york times" investigation. but does the paper add anything new and can the stock outperf
up an expert telling us why these exchanges could spell trouble for doctors, hospitals and insurance companies. liz: but what drove the market in the data download? stocks erasing weekly gains with all three major indices ending the week lower with the s&p snapping a three week winning streak. consumer discretionary and utilities for the week's worst performing sectors. the euro surged to its highest level in seven months at the dollar dropped for the fifth day in a row versus the euro to go up another penny to $1.31 is pretty significant, language for the dollar 30, see you hitting the intraday high, u.s. consumer prices dropping for the first time in six months in november following 0.3%. the decline was driven by 7% plunge in the government's gasoline price. dave: a lot to talk about and we will get those details. dan is in the pits of the cme. jason fried telling us why european equities might be the best place to be. and brian is going to tell you how to play these markets if we go over the fiscal cliff. let's start with dan. i want to start with apple. what to you hear from fol
no brand-new stories and breaking news. jenna: fox news confirming chemical weapons are now ready for use in syria. the military awaiting orders from president bashar al-assad to launch the deadly nerve gas on its own people. what is next for us and the rest of the community. the national hurricane center getting blasted for something it didn't do. we'll talk about that with janice dean. plus one man running seven ultramarathons on seven continents in seven days. why? is the big question. it's all "happening now." we'll start with news from overseas, very disturbing developments out of syria today. glad you're with us, everybody, i'm jenna lee. jon: good morning, i'm jon scott. as the violence rages out of control. fox news confirms syria's military finished mixing saran gas. they are waiting for orders from bashar al-assad. only 60 days before the gas expires and needs to be destroyed. all this comes as secretary of state hillary clinton gets ready for a rare meeting with her russian counterpart on the crisis rocking syria. that could be a sign that russia might now be ready to shift its
at stake. the person people sent us here to work together towards the best possible solution, and that means cutting spending. the president doesn't agree with our approach, he's got an obligation to put forward a plan that can pass both chambers of the congress. >> meanwhile despite all of the back and forth, the market is seemingly optimistic today. at least some form of a deal will be released. we've been up 100 points on the dow industrials for the past hour. senator mark warner of virginia perhaps putting it best saying compared to the size of our economy the current proposals are relatively small and government should step up and get a deal done. >> we're joined by representative lee terry, republican from nebraska represents the district home to a guy we all know, warren buffett. >> pretty famous guy. >> we spoke to some folks already today. we're not hearing many details. what details have you received specifically from the democrats on the spending cuts they are willing to make. >> none. we haven't heard any details from the democrats, even bust talking around the ca
guy. >> he's a good guy. >> ed is going to try to make us slightly -- >> be a little sensitive. let's get you some some of the morning headlines. the biggest one being president obama planning to meet with congressional leaders at 3:00 p.m. eastern time today in a last ditch effort to avoid the fiscal cliff. the house majority leader eric cantor is now telling members to be prepared to work through january 2nd. both sides still far apart, however, on taxes and spending cuts. senate majority leader harry reid says prospects for a deal by monday are still unlikely. there was a lot of movement, motion for not a lot of action. >> where were you yesterday? >> i was here. we were together. >> were we ever with our -- no. but there were duelling senate leaders just -- first mcconnell came on. and he said -- did you see either one of those? >> i did. >> did you see harry reid? >> there's no chance of -- >> but if you think -- i want to rise above. there was so little of anything close to that yesterday other than just the -- i mean, people at home must be like, it's the endless blaming and
into this bill and the way he's worked cooperatively with all of us on both sides of the aisle and madam speaker, i urge my colleagues to join me in supporting this bill and i reserve the balance of my time. the speaker pro tempore: the gentlewoman reserves. the chair will receive a message. the messenger: madam speaker a message from the senate. the secretary: madam speaker. the speaker pro tempore: madam secretary. the secretary: i have been directed by the senate to inform the house that the nat has passed without amendment h.r. 3641, cited as the national park act. the speaker pro tempore: the gentleman from utah. >> i have no fufert speakers and reserve the balance -- mr. chaffetz: i have no further speakers and reserve the balance of my time. the speaker pro tempore: the gentlewoman from the district of columbia. ms. norton: i yield back the balance of my time. the speaker pro tempore: the gentleman from utah. mr. chaffetz: i would like to thank representative poe for introducing this legislation. the intill bipartisan in its approach, it creates a means for properly commemorating the cent
signals that have been sent publicly by both parties have caused some noted skeptics of us getting a fiscal cliff deal. >> i think the atmospherics are getting so much better. we've gotten out after ka bookie theater and gone to dancing the tango with those two guys. any time you start to tango, you have a chance. >> chances of getting it done now are better. i think that's what's key. >> part of that tango is republicans cracking on tax rates. that's what president obama will be talking about in michigan today. keeping the public pressure on. but the part for the administrator point of view, tyler, is what do they live john boehner so he can bring his troops along, entitlement, spending cuts, to tell their members we got a good deal. >> john, i find it curious to find that president spent as much time as he has on the road trying to drum up support for this deal. we just had an election all about this. why does not white house figure that these kinds of appearances are helpful when both sides positions are pretty well locked in already? >> because this president and this white hou
, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not yet accepted the proposal. >>> also, apple says it has sold more than 2 million in iphone 5s in china just over the last three days. that's the best ever debut for the iphone line in china. apple is china's second biggest market, although it did lose a lot of market share while they were waiting for that i5 to come out. and citi research has downgraded apple from a hold to a buy. you can see there just below $500. >>
>> let us pray. gracious god, sovereign lord of history, thank you for the exemplary impact of senator daniel ken inouye on our national history. lord, we are grateful for the excellence that distinguished his significant career for the quiet grace and dignity with which he represented the aloha state. and for the gift of discernment that enabled him to serve you faithfully for the good of america. as we express gratitude for the laudable footprints he left in the sands of time, give us your power to persevere impromptly doing what is right. may the memory of senator inouye's indefatigable faithfulness provide a benchmark for the lives of all who labor for liberty. lord, intensify our dedication to make sacrifices for the good of our nation and world as we put our trust in you to do for us immeasurably, abundantly, above all that we can ask or imagine, according to your power working in and through us. we pray in your sovereign name. amen. >> senator dan inouye was a noble soul. one of the finest men i've ever met. united states senate and entire country are poorer for his l
. they are making money. it is a lot more than you think. the retail holiday bliss. toys are us among those planning around the clock service. we have our own version of around the clock. nicole petallides is on the floor of the new york stock exchange. nicole: it really is a time to shop. let's take a look at the major market averages. the tech heavy nasdaq is squeezing out some games. it is up about five points. some other traders talking talking about the fact that yesterday they got a lot of monetary policy. then they start to get economic news of things the a little bit better. they have to digest each piece of economic news. there is a look at the dow. 13,237. it is down about eight points. let's talk about best buys. from 1956, that is when he founded best buy. he is moving ahead. it could be by the end of the week. it is up 15.5%. connell: a news alert from washington. you will see it here live from d.c. as we wait for the speaker, we will hear from a guy who says >> whatever god deal is signed, there will be a lot of pressure. boehner will have to cut a deal that raises taxes. their idea of
. we have two guest hosts with us. welcome to both of you you. we have a lot of things to talk about. the white house says that a republican counteroffer does not meet the test of balance. the latest republican offer would overhaul the tax code and raise $800 billion in new revenue, it would also seek $600 billion in health savings and $200 billion for revising the cost of living increases for social security. the net savings would add up to $2.2 trillion over ten years. now, again, this is the republican counterproposal to the plan that the white house has already put out. speaker john boehner has said that this is something that is much closer to the bowles-simpson proposal. erskine bowles saying the gop offer does not represent the plan, he says both sides are kind of far away from it at this point and that it's now up to negotiators to figure out where the middle ground is today. >> bowles said that the mid point that i used back in -- this is where we were last year. so used the mid point of the negotiations, but it's in longer the mid point i guess. >> he also said -- he is a t
. >>> good morning. it's tuesday. december 4th. welcome to "morning joe." with us onset, we have msnbc senior political analyst mark haleprin. oh, my god, please stop. just get it off. get it off -- >> pulitzer prize-winning historian jon meacham. "the art of power." >> so you know why i'm doing this. last night, mika goes to madison square garden thinking she's going to see one direction and teenage girls screaming and all that. >> yeah. >> instead, her car gets sidetracked, she winds up at the 92nd street "y," and there are a bunch of screaming girls at the "y." jon meacham's new number one selling book. >> i tried to hand your book out last night at the concert. they weren't interested. >> well, they've probably already got it. >> i've never been to a pop concert. >> did it change your life? >> i have never witnessed such an epic meltdown on the part of thousands and thousands of teenage girls. >> metdown. screaming -- >> screaming. >> other than the group that was at the 92nd street "y" last night that screamed at jon meacham. he was throwing wigs at them. >> jefferson versus one directio
is seriously good. cannot believe how great it works. incredible shine. i won't use anything else. love, love, love finish ! so far over a million neighbors, friends, and family have switched to finish. join the finish revolution. recommended by more dishwasher brands worldwide. >> reporter: we're live in san leandro where two men were trapped inside a burning big rig this morning. we'll tell you how the driver's previous training may have helped save his life. >>> a critical day in a high- profile murder case. in just hours, a woman convicted of killing a bay area nursing student learns her punishment. >> reporter: a couple found bound and gagged in the middle of a san francisco street. the discovery that turned into a homicide investigation. >>> and a huge day for a huge shipping company. why this could be a record- breaking day for fed-ex. >>> good morning. i'm dave clark. >> i'm it it. >>> we be -- i'm tori campbell. >>> we begin with a big rig fire. it happened at 3:00 this morning. tara moriarty is live with more. good morning, tara. >> reporter: good morning. it's a route that this tru
states senate at this time. all of the victim's families heartfelt feelings from us tonight. that's it for the 5. thank you. see you here tomorrow. >> this is a fox news alert. the longest serving senator in u.s. history has died. united states democratic senator daniel inouye world war ii veteran medal of honor recipient died from respiratory complications at 5:00 this afternoon. today at walter reed national military medical center. senate majority leader called inouye one of the grates of the chamber. mitch mcconnell said he had every reason to bring attention to himself but quote never did. we will have more on the life of the senator later in the show. the sandy hook elementary school massacre that left 20 children and 6 adults dead began burying the littlest victims as funerals were held for two 6-year-old boys including one whose twin sister survived that rampage. connecticut stit police lieutenant sadie tails were quote too difficult to discuss fktd they could hold the school and the home of adam lanza accountable. they pledge to seek change as he slowly recited the firs n
we have been talking with retiring congressional members. join us later tonight for a sixth-down we recently had with nebraska democratic senator ben nelson. he served two terms and was part of the so-called gang of 14. that is at 8:00 p.m. eastern here on c-span. here is a brief look. >> what is your thought about the art of compromise and how much it is now viewed in this city? >> well, you know, is valued to talk about it. everybody back home want people to come back to washington and work together. and then they send people back here who have committed not to work together. that makes it very difficult. if you have in the senate in block of individuals who will not compromise and think of compromise as a for that -- as a four-letter word, which is not, then it becomes difficult to merge ideas and find compromises and accommodations in process or implementation as opposed to your principles. no one is asked to compromise his or her principles when you are talking about compromise. maybe how you go about doing something, not exactly eliminating your view about one thing or another
reason. >> they'll save us a lot of money. >> with the looming fiscal cliff, linda and mike martzen are changing holiday shopping habits this year, relying on coupon and shopping less in case the cliff goes over in the beginning of the year. they're not alone. >> buying more practical, stuff people want. >> trying to save more and buy less in case taxes do go up. >> experts say the fiscal cliff could play grinch to the u.s. economy during the holiday shopping season. in a recent survey, the national retail federation found about 2/3 of shoppers said the fiscal cliff and other economic concerns would affect their holiday spending. the fiscal cliff will result in tax increases and federal spenng cuts. >> both parties are kind of, hey, i'm going to do my thing, you're going to do your thing, nobody seems to want to give in. >> many shoppers agree, as tax paying citizens, one of the top things on their wish list for christmas is for the president and congress to compromise and to get a deal done. >> please start working together and remember the people who put you in office. >> nadia ra
. >>> it took us three months to establish trust. these guys don't trust each other. they don't even trust each other in their own party. you've got leaders who, people behind them with a shif hoping they can get their job the next go 'round. poor old durbin has people over his back because he voted for this package. and the republicans, boehner's got to go to work and come back, and now there's 70 of them left, the tea party guys. these are guys who went to congress not to limit government but to stop it. so what are you going to do? we've got five democrats, five republicans who range from dick durbin of illinois, great progressive democrat, and coburn of oklahoma, a progressive conservative, and five dems, five republicans, one independent, that's a super majority. and for god's sake, the reason we were so successful is we effectively pissed off everybody in america. >> congratulations, sir. kudos. kudos to you. >> good morning. it's thursday, december 6th. welcome to "morning joe." with us on set, msnbc political analyst, former democratic congressman, harold ford jr. >> mr. professor. >> g
remain before the u.s. goes over the edge. that means tax hikes and spending cuts that could trigger another recession. congressional leaders will meet today at 3:00 p.m. eastern time. the full house not even expected to return to work until sunday. here is the guest list for today's showdown. the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support. technically, it's still possible to come to an agreement. that said, politically is a different story, and the prospects for coming to a deal are starting to dim. right now, we're hearing a whole lot of the blame game. a lot of public posturing from both sides as they prepare for the possibility of going over the cliff. l
for joining us today, and thank you to deloitte for partnering with us in this event. when we launched bloomberg government just about two years ago, we had the aspiration of creating a one-stop shop, with data, tools, news, and analysis to help government affairs and government sales professionals make better and faster decisions. we went a long way toward achieving that aspiration. a big part of it is conversations on the important issues that face our nation today, particularly at the intersection of business and government. today's discussion on the fiscal cliff clearly meets that. we are honored to have such a thoughtful panel. senator mark warner, senator bob corker, congressman chris van hollen, governor tim pawlenty, who is currently president and ceo of the financial services roundtable. moderating our discussion today is al hunt. we always love having al over here. he really put bloomberg on the map here in d.c.. yesterday it was his birthday -- happy birthday, al. [applause] i'm going to turn things over to congressman tom davis -- this is a man who really needs no introduct
to save everybody. cliff robbins, thank you for being here. join us tomorrow, "squawk on the street" begins right now. >>> a government fractured, a market paralyzed, a call to action. as our nation careens to the fiscal cliff. cnbc's challenge to lawmakers to rise above partisan politics, seem compromise and find the solution. the clock is ticking down. the stakes are getting higher. now, we are turning up the pressure. this is a cnbc special report, "mission critical: rise above d.c." >> welcome back to our continuing coverage, mission critical: rise above d.c. we've been here all morning long. while we've been here on capitol hill, we've been talking to lawmakers about rising above gridlock and reaching a real deal on the fiscal cliff. in the last hour we sat down with grover norquist saying no one should strike a bad deal, and that there is no better reason to raise taxes now than there was in the past. he also added he thinks house speaker boehner has been a good leader during the fiscal cliff negotiations. and then we were joined by bob corker and bob conrad. corker said we ne
. make sure to join us tomorrow. that's it for us. "squawk on the street" is next. >>> all right. with that, good morning. welcome to "squawk on the street." live at the nyse. we'll continue to monitor what jamie dimon does at the deal mark conference. we await the federal reserve statement, and news conference in just a few hours. as for europe, some green arrows, despite a miss in the eurozone in production this morning. >> the road map starts this morning with, of course, the fed. expectations for revamped bond buying program. what will the economic forecast say about next year and what to make of the "wall street journal" story that says academics are driving monetary policy at secret dinners in switzer land. >> more counteroffers in the debt negotiations. it looks like corporate taxes are part of the deductions. >> costco beats by 2 cents, better sales and better sales and membership fees. >> some more reports about apple tv today. the journal said it's designing a high -- new high-resolution set. microsoft trying to widen the list of retailers that will carry the surface ta
of the to u.s. patriot missile batteries as part of the nato effort to try to help protect our turkish allies against the threat of missiles from syria. even as we have asserted our strong and enduring commitment to the middle east, we are also renewing and expanding our engagement in the asia-pacific region. the core of our rebounds is modernizing our existing network of alliances and security partnerships throughout the region. and developing new security relations as well. over the past year, we reached major agreements with japan to realize our forces and jointly develop guam as a strategic hub. we afford to strengthen cooperation for the republic of korea, in space, in cyberspace, and intelligence. we begin a new marine rotational deployment to australia as well as increased air force cooperation. likewise, we are deepening our engagement and developing rotational deployment with allies and partners such as singapore and the philippines, and expanding our mil-to-mil dialogue and exchanges with china. we are also enhancing our presence and capabilities in the region. that includes reality
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